If your business receives income before a service is rendered to a client, when is the income recognised? Is it when the income is received or after the service rendered?
That was what the Arthur Murray case in tax law argued, creating a landmark…
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One of the most important decisions you must make before starting a business is in what structure your business will be operating under. This will be reflected in all facets of your business, so you should spend time understanding the implications…
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This year’s income tax return refund might not look as bountiful as it did in the previous year, as some of the offsets and rebates introduced during the pandemic will no longer be available to apply to your return. This includes the Lower-Middle…
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Employee underpayment, whether a failure to pay penalty rates or unauthorised wage deductions, is a breach of the Fair Work Act and consequently can result in hefty employer penalties.
Employers are responsible for paying staff members the minimum…
The end of the financial year is the best time to work out the potential debts your business may incur or have already incurred.
Businesses can go into two kinds of debt – good and bad. Determining the type of debt is highly dependent on how…
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There’s been a lot of buzz around superannuation since the 2023-24 Federal Budget was announced. One such buzz involves the concept of ‘payday super’.
Payday super has been introduced by the government to avoid the discrepancies that those…
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Have you been feeling a sense of stagnation while performing your job? Are you struggling to stay motivated or lack a sense of professional purpose? You might need a professional seachange to your career- but it doesn’t have to be a monumental…
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A company car, travel expenses, workplace discounts. These are just a few of the ways that your business can reward employees (or provide a little bit of a perk throughout the course of employment).
A fringe benefit is something extra that your…
https://jlnollerandco.com.au/wp-content/uploads/2023/07/Want-To-Perk-Up-Employees-With-Fringe-Benefits.jpg4751000Web Editorhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngWeb Editor2023-05-11 14:40:072023-05-11 14:40:07Want To Perk Up Employees With Fringe Benefits?
There are some things that an accountant is not allowed to advise on, which fall in the domain of financial advisers.
A financial adviser can assist you with making financial decisions and planning for your future. Advice from a financial adviser…
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Superannuation was not a source of significant surprises in this year’s Federal Budget, as many of the changes announced had already been previously discussed. However, these changes are still important to consider when planning your superannuation…
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The Federal Budget has reintroduced the $20,000 Instant Asset Write Off to benefit small businesses amidst the myriad of measures announced by the government.
The instant asset write-off will return for the 2023-24 financial year…
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Are you looking at taking out a loan? Make sure you understand the paperwork involved beforehand.
One security document that almost all lenders require a business to sign prior to a loan being provided is a general security agreement.
This is…